6 ms·

Here's the recent news on that: https://www.reuters.com/business/autos-transportation/china-signals-it-will-pull-plug-subsidies-evs-with-five-year-plan-exclusio

• tw1984 9mo ago
  nice article. excellent proof that the whole industry is indeed driven by market force and profitability. > "11 out of 17 listed Chinese automakers were profitable." > "93 of 169 automakers operating in China have market shares below 0.1%."